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Harper Michael S, Chief Product, Engineering and Marketing Officer at zSpace, Inc. (ZSPC), sold 7,586 shares of common stock on April 7, 2026, in a series of transactions with prices ranging from $0.0702 to $0.0790. The total value of the shares sold was $561. The stock currently trades at $0.10, down nearly 99% over the past year, reflecting significant headwinds for the company.
The sales were executed to cover tax obligations related to the vesting of restricted stock units, as previously reported on April 6, 2026. Following the reported transaction, Harper directly owns 47,811 shares of zSpace, Inc. (ZSPC). According to InvestingPro, the company is quickly burning through cash, one of 18 key insights available to subscribers analyzing ZSPC’s financial position.
In other recent news, zSpace Inc. reported a significant decline in revenue for the fourth quarter of 2025, with figures showing a 43% year-over-year decrease to $4.8 million. The company attributed this drop to macroeconomic challenges. Despite the revenue decline, zSpace improved its gross margins by 8.4 percentage points from the previous year. In related developments, Roth/MKM adjusted its price target for zSpace to $0.50 from a previous $3.00, although they maintained a Buy rating. The firm highlighted 2025 as a challenging year for the company due to tariff-related supply chain issues and an extended government shutdown affecting K-12 funding. These recent developments underscore the various pressures impacting zSpace’s financial performance and market outlook.
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